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Bitpay will also immediately convert bitcoins to dollars if the merchant desires.
British businesses can sign up for a merchant account, accept bitcoin in exchange for goods and services, and choose to immediately convert the currency into pounds, paid into their bank account.
This psychotic belief in clubs' marketing departments that if they do not immediately convert the entire population of Busan into football fans then they, and their disposable income, will be lost forever to the NHL or the NBA.
Most analysts today foresaw little new downward pressure on the peso from the account thaw, because the central bank has enough reserves to cope even if savers chose to immediately convert every unfrozen peso they could get into dollars, some $400 million to $500 million.
"Here we are ensconced in Guantánamo Bay for ten years," the American journalist Stephen Bonsal complained in 1912, "and we have not raised a finger to fortify what the Russians or the Japanese, or any other predatory people, would immediately convert into a great naval station and citadel and proudly christen 'Mistress of the Caribbean.' " It was not that the base went unused.
The Federal Reserve, in effect, is trying to ease an acute credit squeeze by agreeing to hold large volumes of mortgage-backed bonds that Wall Street firms are struggling to sell and providing them with either cash or Treasury securities that they can immediately convert to cash.
Similar(46)
I was immediately converted.
"Welfare" used to mean a monthly check that could be immediately converted to cash.
Celera pays him annually in stock, he said, which he immediately converts to cash and gives to his center.
It is then almost immediately converted into carbon dioxide and water which the body gets rid of.
Several guests who had been gloating that roast pig was on the Atkins diet immediately converted to eating carbohydrates.
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